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Kicking Horse Corporation (KHC) has a small lawsuit outstanding. Assuming that the cash flow will occur at the end of 2024 what amount should be

Kicking Horse Corporation (KHC) has a small lawsuit outstanding. Assuming that the cash flow will occur at the end of 2024 what amount should be recorded on the December 31, 2023 financial statements? (Assume a discount rate of 4%)

Cash Flow Estimate.........Probability Assessment

$2,500...................................60%

$3,000.................................40%

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